International trade is a vital tool for promoting economic growth, development, and reducing poverty. It allows countries to access new markets and goods, leading to increased revenues and job opportunities. Trade liberalization is believed to improve efficiency, welfare, and contribute to long-term growth. Global trade also fosters efficiency by reallocating resources to more productive industries. Additionally, it can increase the lifespan of products and improve cash-flow management and risk management. Developing countries can also benefit from free trade by accessing more economic resources, thus expanding their economic capabilities. Overall, participating in international trade offers a wide range of benefits for developing countries, including resource allocation and economic gains.